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Montevideo, November 22nd 2024 - 01:41 UTC

Stories for August 3rd 2014

  • Sunday, August 3rd 2014 - 13:22 UTC

    “Argentina Finds Relentless Foe in Paul Singer’s Hedge Fund”

    While Singer’s firm has yet to collect any money from Argentina, experts say that the battle may have shifted the balance of power toward creditors

    The following article by Peter Eavis and Alexandra Stevenson was published in The New York Times and addresses the current litigation between Argentina and the speculative funds. The hedge fund firm of billionaire Paul E. Singer has about 300 employees, yet it has managed to force Argentina, a nation of 41 million people, into a position where it now has to contemplate a humbling surrender.

  • Sunday, August 3rd 2014 - 13:14 UTC

    HMS Portland back in UK after seven months patrolling including Falklands

    The vessel received a rapturous welcome in Plymouth

    The crew of the Royal Navy warship HMS Portland returned home to a rapturous welcome in Plymouth on Friday after a successful seven-month deployment to West Africa, the Falkland Islands and the Caribbean. The vessel that was replaced by HMS Iron Duke in its Atlantic deployment spent four weeks in the Falklands.